80 Pl Mercier - Multi-Family FOR SALE


Candiac, QC J5R 4W2
$6,950,000 CAD
450-661-6810
80 Pl Mercier, Candiac, QC for Sale
$6,950,000 CAD
Multi-Family - FOR SALE
1/1
null | Request Cap Rate

80 Pl Mercier
Candiac, QC J5R 4W2


HIGHLIGHTS

  • Prime location in Candiac near parks, schools, highways, and public transit for enhanced tenant convenience.
  • Potential revenue upside through rent adjustments and amenity enhancements.
  • Professionally managed and maintained with strong structural integrity and reliable systems.
  • Thirty-two residential units with a diversified apartment mix.
  • Located along Rivière à la Tortue in an established residential area.
  • Roof replacement completed in 2022.

OVERVIEW

An exceptional opportunity to acquire a well-maintained 32-unit multifamily property in the desirable community of Candiac. This asset provides stable income with upside potential through rent optimization. It is nestled in a peaceful neighborhood and backs onto the scenic Rivière à la Tortue, offering a tranquil living environment for tenants. The property consists of 16 units of 4 ½, 14 units of 3 ½, and 2 units of 2 ½ layouts—many featuring in-unit washer and dryer connections and on-site laundry facilities for remaining apartments. Recent improvements include a new roof installed in 2022 and balcony upgrades over the years, ensuring durability and reduced future capital expenditures. Supported by municipal water and sewage systems, the structure features a poured concrete foundation and aluminum siding with brick accents. Parking accommodates 38 vehicles, enhancing convenience for residents. Candiac’s strategic location just 15 kilometers south of Montreal makes it highly accessible via major roadways, while local amenities such as parks, schools, highway connectivity, and public transit enrich its appeal. This professionally managed property combines strong income generation with long-term security, presenting an ideal option for investors seeking stability and growth.

FOR SALE DETAILS

PRICE

$6,950,000 CAD

PRICE/SF

$174 CAD /SF

# OF UNITS

32

PRICE/UNIT

$217,188

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1987

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

Residential/Commercial

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Claude LessardRE/MAX Du Cartier Inc.More Info
450-661-6810

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Claude LessardRE/MAX Du Cartier Inc.More Info
450-661-6810

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.